Walmart’s growth opportunity: Walmart considers its marketplace to be a cornerstone of its strategy to grow sales and profits, especially as its expanding grocery business weighs on margins. So far, it’s seeing results. The number of shoppers who purchased items from Walmart’s marketplace rose by 14% year-over-year (YoY) in Q2, helped by a nearly fourfold increase in the number of available SKUs.
Article
| Aug 31, 2023
The grocery question: While Amazon’s earnings release highlighted the company’s achievements in ecommerce, AWS, advertising, generative AI, and even its B2B business, it stayed mum on grocery—an indication that the company is struggling to figure out a path forward in that highly competitive sector.
Article
| Aug 3, 2023
I think the point here is that it's foolhardy for grocery brands to rely on online advertising alone. There's been a big surge towards E-commerce, and we've seen a big surge towards retail media as a result, but most sales are still happening in brick and mortar stores.
Audio
| Nov 9, 2023
Put it into action: Following a successful three-year test, Kroger just recently expanded its partnership with grocery tech media company Cooler Screens, bringing its digital cooler screens to 500 stores across the US. But it’s not for everyone. Cooler Screens is suing Walgreens for ending their agreement early.
Article
| Aug 28, 2023
The grocery chain is deploying best-in-class data to drive commercials on Roku’s ad-supported CTV content—closing the loop on sales. With the proposed Albertsons Companies merger promising industry-leading scale, brands will take notice. Off-site retail media ad spend growth will more than double on-site.
Report
| Dec 8, 2022
If you think about the way that we listen to podcasts in transit or while doing the dishes or while getting groceries, I would imagine that audiobooks are consumed in a similar way. So people might hit that limit and then be willing to pay extra for more access.
Audio
| Nov 7, 2023
Chart
| Nov 1, 2023
Source: Censuswide; Wunderman Thompson
Several large grocery, mass merchandise, and drugstore retailers comprise the next tier of digital shelves. Target lacks the scale of Walmart in grocery but operates a best-in-class curbside pickup capability that offers better economics for CPG brands. Costco Wholesale is a huge player in grocery but is less digitally inclined than the competition and lacks a robust retail media offering.
Report
| Sep 6, 2022
Chart
| Oct 30, 2023
Source: Bizrate Insights; Insider Intelligence
The question is which grocery delivery company with a growing retail media network business recently had a much anticipated IPO? Which grocery delivery company recently had a much anticipated IPO? Evelyn says Instacart, Stephanie Instacart, and hopefully Suzy says Instacart. It's true, Instacart is the correct answer. They just IPO-ed. A point each for all of you.
Audio
| Sep 28, 2023
Since launching its first supermarket in 1963, Cencosud operates through several formats including supermarkets and hypermarkets, home improvement stores, department stores, shopping centers, and financial services in Argentina, Brazil, Chile, Colombia, and Peru. Walmart de México y Centroamérica.
Report
| Nov 16, 2022
Amazon Fresh, its full-scale grocery stores featuring national brands, has paused expansion efforts to retool operations, thereby delaying its ability to close the gap with the competition. Amazon Ads is the envy of the industry and remains well ahead of the competition across every dimension, except for its physical store footprint.
Article
| Aug 15, 2023
Through companies that facilitate digital commerce via services such as food and grocery delivery. All of those businesses have valuable first-party data drawn from direct relationships with their customers, so they’re fertile ground for precise targeting in environments that are theoretically privacy compliant.
Report
| Feb 16, 2023
Examples of in-store retail media sellers include GSTV, Cooler Screens, and Grocery TV. Digitization is transforming retailers’ ability to provide advertising at store shelves, end caps, cooler doors, and checkout aisles. In-store retail media will account for one-tenth of US DOOH ad spending in 2024. This reflects the expanding ad inventory available in physical stores.
Article
| Aug 11, 2023
The company said revenues grew 39.8% YoY in Q1, noting orders from convenience stores and groceries grew faster than other deliveries in the US. But Instacart’s focus on retail media may be impacting its core delivery business: The number of grocery orders it facilitated in the latest quarter fell 2% YoY.
Article
| Jul 24, 2023
It's not a Canada-specific problem to see inflation affecting grocery store pricing, however, the report outlined a significant concern that three grocery giants were unfairly manipulating the market. Loblaw, Sobeys and Metro own the vast majority of grocery stores in the country, often under different guises.
Audio
| Jul 31, 2023
The program covers dozens of brands and requires uploading images of grocery receipts. To encourage engagement, loyalty programs have to offer straightforward rewards, low barriers to entry, and more compelling benefits.
Report
| Nov 22, 2022
An April grocery event: “This year, there was a pretty heavy emphasis on the food and beverage category” during Prime Day, said our analyst Blake Droesch. Amazon could channel that interest into a grocery-focused event. Amazon has 17.6% penetration in the US ecommerce food and beverage, according to our forecast, and is still working to gain an advantage over Walmart’s vast physical presence.
Article
| Jul 19, 2023
That’s largely due to the types of items people bought as over half of Walmart+ shoppers bought groceries during the event—about two times more than the share of Prime shoppers who did so. The big takeaway: Walmart is still in its “beginning stages” of building out Walmart+, said CFO John Rainey during the Evercore ISI Consumer & Retail Conference in June.
Article
| Jul 24, 2023
Vibenomics and Stingray Advertising are combining their networks to offer in-store audio advertising across 25,000 grocery, convenience, home improvement, and drug stores. Schnucks Markets is bringing Instacart’s smart Caper Carts to select locations to offer shoppers personalized and contextually relevant promotions as they move through the store.
Article
| Jul 26, 2023
This not only serves to keep in-store shoppers from seeking deals elsewhere, but also gives a boost to Amazon Fresh stores at a time when the company’s grocery business is struggling to find its identity. 4. Be where your customer is. Brands of all kinds have struggled to find the right mix between wholesale and D2C commerce.
Article
| Jul 28, 2023
So if you had to guess, folks, real quick before we move to another section here is, do you think that people paying for things with their hands or with their faces out in grocery stores is going to be a thing we're going to see?
Audio
| Aug 28, 2023
Walmart and Target are among the biggest beneficiaries as inflation drives shoppers to look for deals on everyday items like groceries and other household essentials. Forty-four percent of shoppers plan to shop Target Circle Week in addition to Prime Day, while 33% are considering deals from Walmart+, per Numerator.
Article
| Jul 11, 2023
The big takeaway: Building a technology-focused supermarket chain from scratch is a capital-intensive endeavor that no longer makes sense for the newly penny-pinching Amazon. That said, embarking on an ambitious expansion strategy for its high-end grocery chain is puzzling given grocery inflation is shifting consumers’ buying habits.
Article
| Jan 20, 2023
Companies that started as rapid grocery providers, like Gopuff and Gorillas, are increasingly offering their expertise and courier networks to supermarkets instead of directly competing with them. In the long term, those companies might find it more profitable to function as intermediaries between customers and retailers rather than as grocery purveyors themselves.
Article
| May 4, 2022